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HYPO ALPE ADRIA BANK AG
Kotak to buy Deutsche's India retail, wealth businessKotak Mahindra Bank is set to acquire Deutsche Bank's retail, private banking, and wealth management operations in India. This significant ...
Kotak Mahindra Bank to acquire Deutsche Bank’s retail banking, private banking and wealth management business in IndiaKotak Mahindra Bank is acquiring Deutsche Bank's retail, affluent private banking, and wealth management operations in India. This strategi...
Sold, or just shipped? How sales figures can be manipulated – and how you can spot itGoods left the warehouse. The invoice went out. So it must be a sale, right? Not always. Under the rules, a sale counts only when the custo...
ET Prime Special Series: Multibagger or IBC - Part 64: An old 2-wheeler supplier that now earns more from a newer businessAt first glance, this auto ancillary company looks like a conventional two-wheeler supplier. But its business mix tells a wider story. A ne...
India’s Shapoorji Pallonji Group seeks fresh bond extension as refinancing dragsShapoorji Pallonji Group is seeking more time to repay Rs 143 billion bonds as refinancing delays persist. Debt backed by its Tata Sons sta...
A stock trader’s guide to navigating rare ‘Super El Niño’As fears over the Iran conflict ease, investors are turning their attention to climate risk, with a potential “Super El Niño” emerging as a...
European shares rally as Middle East peace hopes drag oil prices lowerEuropean shares surged on Friday, driven by renewed hopes for a Middle East diplomatic breakthrough that lowered oil prices. The pan-Europe...
France’s Mistral in funding talks at about €20 billion valuationFrench AI startup Mistral AI is reportedly in talks to raise approximately €3 billion ($3.5 billion) at a valuation of around €20 billion. ...
Asia’s currency fight moves offshore as central banks push backAsian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dol...
RBI seen joining Asia’s rate-hike push as inflation risks riseThe Reserve Bank of India is expected to increase interest rates soon. This move aligns with other central banks responding to rising infla...
ATMs in small hubs may run out of cash: Confederation of ATM IndustryATM operators are demanding ₹100 crore compensation from banks. State Bank of India is accused of sending most cash to big cities. This lea...
Explained: Inside Sebi's Rs 15.15 lakh crore revenue inflation allegations against Rajesh ExportsRajesh Exports has come under intense scrutiny after Sebi accused the company and its promoter of inflating revenues, misclassifying person...
Rajesh Exports denies wrongdoing, says SEBI order stems from 'confusion' over Valcambi revenuesRajesh Exports has responded to SEBI's interim order, denying allegations of revenue misrepresentation. The company states its reported rev...
The curious case of Rajesh Exports: Massive revenues, meagre profitsIndia's fourth-largest company, Rajesh Exports, faces a Sebi probe for alleged financial fraud. Investigations point to accounting irregula...
Kerala's liabilities top Rs 5 lakh crore; pending dues near Rs 49,000 croreKerala faces a severe fiscal challenge. Total outstanding liabilities have surpassed Rs 5.07 lakh crore. Unpaid dues and deferred payments ...
Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...
Epstein files reveal ongoing ties with this one wealth managerDespite the allegations surrounding Jeffrey Epstein, Bank of America wealth adviser Paul V. Morris maintained connections with Epstein for ...
Global Market Today: Asian stocks slip from record highs, oil gainsAsian equities retreated from record highs as conflicting signals from the US and Iran on a potential peace deal emerged. Crude oil prices ...
BIS and banks build blockchain cross-border payments prototypeGlobal financial institutions are set to test a new digital system for cross-border payments. This project, involving major banks and centr...
British Indian businessman Sanjeev Kanoria buys Austrian bank Hypo Alpe Adria for around $85.5 mnSanjeev Kanoria - brother of Hemant Kanoria, chairman of SREI Infra Finance Limited - has acquired the domestic banking unit of Hypo Alpe A...